Clariant Chemicals, a leader in speciality chemicals, today inaugurated an important new extension to its production facility in Roha, south-east of Mumbai, India. The expansion doubles its capacity there for pigments and pigment preparations.

The increased output will enable the company to increase its market coverage in India and the neighboring countries of Bangladesh and Sri Lanka and to provide products better tailored to customer needs. The increase in capacity has been made possible with the introduction of the very latest equipment for high-end pigment preparation.

"Clariant is investing across Asia to develop production, technical support and commercial service capabilities that will enable our customers in this rapidly growing region to be successful in growing their business," said Hariolf Kottmann, chief executive officer, Clariant.

Shares of the company gained Rs 8.2, or 0.91%, to trade at Rs 905.05. The total volume of shares traded was 3,033 at the BSE (10.31 a.m., Wednesday).